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private-wire house

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun finance, obsolete A brokerage company with a telegraph line, telephone line, or electronic communication network.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

1894, due to these brokerage companies owning or leasing telegraph lines (which occurred since 1873), so that market information could be transmitted more quickly.

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